This stock is back to hovering around 2. This stock is a topic of much debate around the Lake Charles area and some expect it to explode late this year. Is anyone here buying in on this stock and what are your expectations? The LNG game has been a volatile one locally.

This post was edited on 8/9/15 at 12:56 pm

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Posted by TheHiddenFlask

The Welsh red light district

Member since Jul 2008

18384 posts

Posted on 8/9/15 at 1:32 pm to Linkovich

The only reason people are excited about it is because of what LNG did. The situation is completely different, as LNG was inches away from bankruptcy and only saved by shitty energy policy from the Feds.

It might skyrocket, but it won't be for the same reasons.

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Posted by jimbeam

University of LSU

Member since Oct 2011

75703 posts

Posted on 8/9/15 at 1:46 pm to Linkovich

tons of talk in the Lnglf thread on this board

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Posted by I Love Bama

Alabama

Member since Nov 2007

37701 posts

Posted on 8/9/15 at 1:49 pm to Linkovich

Keep discussion here please

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Posted by sneakytiger

Member since Oct 2007

2472 posts

Posted on 8/9/15 at 2:10 pm to Linkovich

Its implied valuation even at $2 is still roughly $3 billion. 3 billion dollars and all they own is some land and an idea. But yeah read the big thread.

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Posted by Linkovich

crater lake

Member since Feb 2007

9541 posts

Posted on 8/9/15 at 2:28 pm to sneakytiger

Thanks guys.

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Posted by L S Usetheforce

Member since Jun 2004

22752 posts

Posted on 8/9/15 at 2:47 pm to sneakytiger

Well they actually don't own land and an idea anymore. They own patents, they own tolling agreements, pipeline agreements

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Posted by sneakytiger

Member since Oct 2007

2472 posts

Posted on 8/11/15 at 9:08 am to L S Usetheforce

quote:
patents, they own tolling agreements, pipeline agreements

paper, paper and paper

Meanwhile you have a company like DM with an existing regas facility, export facilities under construction, and a strong equity sponsor with a valuation roughly equivalent to LNG.AX. I don't understand why this company is so bid up.

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